Kinetik (KNTK) 10% Owner ISQ Global Fund II GP Sells 45,428 Shares

What Happened
ISQ Global Fund II GP LLC, a reported 10% owner of Kinetik Holdings Inc. (KNTK), sold 45,428 shares on 2026-09-01 in open market/private transactions. The weighted average price reported was $55.06, generating proceeds of $2,501,334. This was a sale (not a purchase), which is often routine for institutional holders and does not by itself signal management sentiment.

Key Details

• Transaction date: 2026-09-01; Filing date (Form 4): 2026-09-03 (appears timely within the 2-business-day window).
• Shares sold: 45,428; weighted average price: $55.06; total proceeds: $2,501,334.
• Price range: shares were sold in multiple trades at prices between $55.00 and $55.81 (per filing footnote).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Ownership structure note (footnote): the securities are directly held by Buzzard Midstream LLC. ISQ Global Fund II GP is the GP of the indirect owners; I Squared Capital, ISQ Holdings, and individuals Sadek Wahba and Gautam Bhandari are part of the ownership chain and disclaim direct beneficial ownership except for any pecuniary interest.

Context
This filing reflects institutional selling by a significant investor (10% owner) rather than an executive insider. The weighted-average price and range indicate multiple trades; the reporting party offers to provide the per-trade breakdown on request.